Quote:
Originally Posted by veeemkay
I am the one who voted for wants to buy; but that does not mean i will pay any rate quoted to me...
Affordability remains a prime issue for me and so if the rates keep on going up then i will not buy.  So i am 50-50 into buying and not buying (pls dont take any onther meaning out of the 50-50 :p).
VK
PS: Razer, I hope i am correct in putting myself at wants to buy in 2010. |
Sure, affordability is out of whack. And prices are atrocious, no doubt.
However, as the stats show from the 11 buyer-bunch, 4 conversions have taken place. These 4 buyers are the ones who set the real "market value".
If you ask me 40% conversion rate is a damn good one. And any builder would simply play the waiting game. As has been said many times before, they will wait for 3-4 bakras to convert from 10 genuine buyers.